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The price is still consolidating between the levels 1.1959 - 1.1875. So, bears are likely going to test the 55 Moving Average, which could act as support. If so, there'll be an opportunity to have an upward correction towards the nearest resistance at 1.1975 - 1.2003.
There's a consolidation, which is taking place above the Moving Averages. It's likely that the market is going to test the closest support at 1.1874 - 1.1864. If a pullback from this area happens, bulls will try to achieve the next resistance at 1.1975 - 1.2003.
AUD/USD has been trading in a rebound made from the 200 SMA at H1 chart, which is helping to strengthen the bullish bias across the board and put the pair in the scenario to reach the Fibonacci zone of -23…
Thursday was also a day where bears dominated the price action in the cryptocurrency and now it seems that the spotlights are pointing towards the Fibonacci level of 78…
CAD/CHF broke support area Next sell target 0…
Narrow bearish Ichimoku Cloud, horizontal Senkou Span A and B; a new weak golden cross of Tenkan-sen and Kijun-sen; the prices are three way bounced from the SSB’s resistance.
Today’s news headline is that Trump officially announced the withdrawal of the US from the Paris climate agreement…
The European Central Banks left its key interest rates…
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